ONE Gas, Inc. reported a continuation of increased net income in the third quarter of the year, showing net income of $25.2 million or 45 cents a share. The total compared to $23.7 million and 44 cents a share in the third quarter of 2022, according to the company’s release of quarterly earnings made …
October 30, 2023 archive
Crude oil and Oklahoma energy stocks dropped in Monday’s trading
Crude oil prices have been on a roller coaster ride, gaining 3% last Friday and falling nearly 4% in Monday’s trading. Why the fall? Mostly because fears have declined about the possibility that the Israel-Hamas war will disrupt oil supplies in the region. Plus, there is the matter of this week’s meeting of the U.S. …
Colorado oil and gas operator ordered to post $133 million bond for unplugged wells
Already at odds with Colorado regulators, oil and gas operator P. Kauffman just entered a higher level of fight over its more than 1,000 unplugged wells. State regulators recently ordered the company to post a $133 million bond to assure its 1,089 wells will be properly plugged. The order came from the Colorado Energy …
Cracking down on E-scooter riders in OKC
Oklahoma City is considering a new ordinance to require E-scooter drivers to obey traffic laws just as drivers of cars and trucks have to do. The Oklahoman reports the new restrictions might be in place by December. It’s already illegal to ride the electric scooters that are available for rent in downtown Oklahoma City, …
Broadband Office takes next step in plans for $800 million in federal funding
The Oklahoma Broadband office is reaching out to Oklahomans about ways to use nearly $800 million in federal grant funds for high-speed internet expansion in the state. Oklahomans are asked to comment about what the OBO has come up with so far. The OBO has posted the BEAD Initial Proposal Volume 2 to its website …
EPA grants $2 million for water study at Oklahoma State University
The U.S. Environmental Protection Agency (EPA) announced that Oklahoma State University geology professor, Dr. Todd Halihan, would be the recipient of a nearly $2 million research grant to study the use and risks of enhanced aquifer recharge (EAR) to improve groundwater availability and quality. Along with his team of researchers at OSU, Halihan will …
Texas is home to some of the nation’s top polluters
Four of the worst top ten polluters in the U.S., according to a ranking by the Environmental Protection Agency, are in the state of Texas. The EPA stated that 2022 greenhouse gas data showed emissions from large industrial sources were nearly 1% lower than in 2021. It also indicated there has been an overall …
Chicken growers challenge Judge’s Illinois river pollution ruling
Poultry producers are asking Tulsa U.S. District Judge Gregory Frizzell to throw out his long-awaited ruling that was issued in January of this year and declared they had polluted Oklahoma’s Illinois River with their chicken waste. The producers, Tyson Foods Inc. of Arkansas, Cargill Inc of Minnesota , Cal-Maine Foods Inc., Tyson Poultry Inc., …
3Q reports coming from ONEOK, Gufport and Chesapeake Energy
Tuesday will be a busy day for some Oklahoma energy companies as they prepare to release their quarterly finance reports. Among the firms are ONEOK, Gulfport and Chesapeake Energy. ONEOK will release its report after the market closes on Halloween afternoon, then management will hold a conference call on Nov. 1 to discuss the …
Stunned and shocked Ardmore leaders to go before Senate hearing to discuss Michelin plant closing
“Michelin was Ardmore and Ardmore was Michelin.” That’s the declaration of Bill Murphy, president of the Ardmore Chamber of Commerce and what he told KOCO TV news following the devastating news in the past week that Michelin plans to close the tire production facility in 2025. Ardmore city leaders will have an opportunity Tuesday …
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